GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ha Noi Transformer Manufacturing and Electric Material JSC (HSTC:BTH) » Definitions » Momentum Rank

Ha Noi Transformer Manufacturing and Electric Material JSC (HSTC:BTH) Momentum Rank : 0 (As of May. 25, 2024)


View and export this data going back to . Start your Free Trial

What is Ha Noi Transformer Manufacturing and Electric Material JSC Momentum Rank?

Ha Noi Transformer Manufacturing and Electric Material JSC has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Ha Noi Transformer Manufacturing and Electric Material JSC Momentum Rank Related Terms

Thank you for viewing the detailed overview of Ha Noi Transformer Manufacturing and Electric Material JSC's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Ha Noi Transformer Manufacturing and Electric Material JSC (HSTC:BTH) Business Description

Traded in Other Exchanges
N/A
Address
No. 55 - K2 Street, Cau Dien Ward, Nam Tu Liem District, Ha Noi, VNM
Hanoi Electric Materials & Transformers Manufacturing JSC is Vietnam-based manufacturer of heavy electrical equipment. The Company manufactures, assembles, and markets heavy electrical equipment, such as transformers and other industrial equipment.

Ha Noi Transformer Manufacturing and Electric Material JSC (HSTC:BTH) Headlines

From GuruFocus

Weekly CEO Buys Highlight: BTH, TDY, MEI, BSET, STEI

By hyperman299 hyperman299 07-16-2011

Blyth Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 09-02-2010

Blyth Inc. (BTH) VP and CFO Robert H Barghaus sells 1,100 Shares

By GuruFocus Research GuruFocus Editor 09-24-2009